Yesway, a rapidly-growing convenience store chain with six locations in central Kansas and parent company of the Allsup’s brand, is preparing to exit the Iowa and Kansas markets by the end of 2025, a company spokesperson confirmed to CSP Daily News, a publication for convenience store and petroleum retailers. The transition will see more than 20 locations in those states transferred to new owners.
Yesway has four locations in Hutchinson, one in Lyons and one in McPherson
The report says that the strategic pullback comes as the company intensifies its focus on expansion in southern U.S. markets, particularly Texas, New Mexico and Oklahoma. Yesway announced earlier that it plans to “significantly” grow its footprint in these states in 2024 and beyond. In December, it added three new stores in Texas and two in New Mexico.
With more than 400 locations under its Yesway and Allsup’s banners, the company currently operates in nine states: Texas, New Mexico, South Dakota, Iowa, Kansas, Missouri, Wyoming, Oklahoma and Nebraska…